CityRating.com: Find the Best Places to Live in the USA

Rhode Island Cost of Living (RI)

The cost of living in Rhode Island (RI) is higher than the nationwide average. The average yearly pay in Rhode Island is $47,732.00, which is lower than the U.S. average annual salary by $2,076.00. The consumer price index (CPI) of 247 in Rhode Island is 6.01% higher than the U.S. city average CPI of 233. The sales tax is 7.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Rhode Island annual salary, sales tax rates and the regional consumer price index.


Rhode Island Consumer Price Index (CPI):
CPI
Rhode Island
247
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Rhode Island
$47,732
U.S. City Average
$49,808
Consumption Categories in Rhode Island versus National Average:
Category Percentage Versus National Average
Education 34.04%
0%
74.07%
Healthcare 21.92%
0%
47.70%
Groceries 7.21%
0%
15.69%
Rent 19.11%
0%
41.58%
Mortgage 41.78%
0%
90.91%
Electricity -18.39%
40.01%
0%
Gasoline 2.78%
0%
6.05%


Cost of Living by State:


Questions? Comments?
E-mail:
Copyright © 2014 CityRating.com. All rights reserved.